Openness to foreign investments is associated with national security risks. To mitigate these risks, many high-income countries have strengthened the control of foreign investments in an increasing number of sectors considered security-sensitive. However, this policy may deter foreign...

We investigate the effects of short-term political motivations on the effectiveness of foreign aid. Donor countries ́political motives might reduce the effectiveness of conditionality, channel aid to inferior projects or affect the way aid is spent in other ways, reduce the aid bureaucracyś...

This paper addresses two main questions: (a) Has European integration hindered the implementation of labour, financial and product market structural reforms? (b) Do the effects of these reforms vary more across sectors than across countries? Using more granular reform measures, longer time...